A baker purchased 10 lb of wheat flour and 11 lb of rye flour for a...
A baker purchased 10 lb of wheat flour and 11 lb of rye flour for a total cost of $13.60. A second purchase, at the same prices, included 13 lb of wheat flour and 14 lb of rye flour. The cost of the second purchase was $17.50. Find the cost per pound of the wheat flour and of the rye flour.
Homework Answers
cost per pound of the wheat flour =$x
cost per pound of the rye flour =$y
Set up equation as
10x+11y=13.60
13x+14y=17.50
From first equation,
11y= 13.6 -10x
y =(13.6 -10x)/11
Substitute this in second equation
13x+14*(13.6 -10x)/11=17.50
Multiply both sides by 11
143x+190.4-140x=192.5
3x=192.5-190.4
3x=2.1
x=2.1/3
x=0.7
Substitute this in y =(13.6 -10x)/11
y =(13.6 -10*0.7)/11 =0.6
hence
cost per pound of the wheat flour =$0.7
cost per pound of the rye flour =$0.6
Add Answer to:
A baker purchased 10 lb of wheat flour and 11 lb of rye flour
for a...
milliliter What is the cost of 6 onions in Ayarceeville if 3 onions weigh 15 lb...
milliliter What is the cost of 6 onions in Ayarceeville if 3 onions weigh 15 lb and the price of Ces equals 150 US dollars one pound of onions is 35 cents in the US? US x 10 tun second of bonors given son si costo 50 Bonion 1.Si 11. What is the cost to drive from Sacramento to San Francisco (90. miles) if the cost of gasoline is $3.98/gal and the automobile gets 18 mi/gal of gasoline? Preot gasoline...
11. Baker Company sells merchandise on account for $5,000 to Helix Company with credit terms of...
11. Baker Company sells merchandise on account for $5,000 to Helix Company with credit terms of 1/10, 30. Helix Company returns $600 of merchandise that was damaged, along with a check to settle the account within the discount period. Whatentry does Baker Company make upon receipt of the check? 4,400 4.400 Accounts Receivable Cash Sales Returns and Allowances Accounts Receivable 4,356 600 44 5,000 d Sales Returns and Allowances. Sales Discounts. Accounts Receivable...... Cash .................. Sales Discounts....................... Sales Returns and...
The following are the U.S. supply and demand schedules for wheat (in millions of bushels): Price...
The following are the U.S. supply and demand schedules for wheat (in millions of bushels): Price per Bushel Quantity Demanded Quantity Supplied 26 3 23 24 5 21 22 7 19 20 9 17 18 11 15 16 13 13 14 15 11 12 17 9 10 19 7 8 21 5 6 23 3 What is the equilibrium price? What is the equilibrium quantity? Suppose instead that the government wished to raise farm income and decided to insure that...
M&J Bakery Inc. opened for business on January 1st 20XX as planned. During the month of January the business purchased and used 200 lbs. of flour, 200 lbs. of sugar, 67 dozen eggs, 20 baking soda...
M&J Bakery Inc. opened for
business on January 1st 20XX as planned. During the
month of January the business purchased and used 200 lbs. of flour,
200 lbs. of sugar, 67 dozen eggs, 20 baking soda boxes, 200 lbs. of
butter, 100 lbs. of raisins, 50 bottles of rum, and other
ingredients (one box of each for a total of four) all from one
supplier on account. Manufacturing overhead is applied to
production at $4per cake. Mary purchased the oven...
Basic Segmented Statement; Activity - Based cost Assignment Vega foods Inc recently purchased a small millo...
Basic Segmented Statement; Activity - Based cost Assignment Vega foods Inc recently purchased a small millo that it intends to operate as one of its subsidiaries. The newly acquired mill offers three products for sale - wheat, cereal, panclabe mix and flour. Each product sells for $10 per package. Materials, labour and other variable production costs are $3.00 per bag of wheat cereal, $4.20 per bag of pancake mix and $1,80 per bag of flour. Sales Commissions are 10% of...
Required information (The following information applies to the questions displayed below.) Altira Corporation provides the following...
Required information (The following information applies to the questions displayed below.) Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand-3,600 units; cost $7.70 each. 8 Purchased 18,000 units for $7.10 each. 14 Sold 14,400 units for $13.60 each. 18 Purchased 10,800 units for $6.60 each. 25 Sold 13, 400 units for $12.60 each. 28 Purchased 5,600 units for $5.80 each. 31 Inventory on hand-10, 200 units. 2. Using...
Q 1: Clancy and Eileen are farmers. Each one owns a 20-acre plotof land. The...
Q 1: Clancy and Eileen are farmers. Each one owns a 20-acre plot
of land. The following table shows the amount of corn and rye each
farmer can produce per year on a given acre. Each farmer chooses
whether to devote all acres to producing corn or rye or to produce
corn on some of the land and rye on the rest.CornRye(Bushels per acre)(Bushels per acre)Clancy205Eileen5010On the following graph, use the blue line (circle symbol) to
plot Clancy's production possibilities...
5. If Preble had purchased 182,000 pounds of materials at $7.40 per pound and used 160,000...
5. If Preble had purchased 182,000 pounds of materials at $7.40 per pound and used 160,000 pounds in production, what would be the materials price variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.) 6. If Preble had purchased 182,000 pounds of materials at $7.40 per pound and used 160,000 pounds in production, what would be the materials...
1 Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on...
1 Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor- hours and its standard cost card per unit is as follows: 2 3 4. 5 6 7 (1) (2) Standard Standard Quantity Price or Hours or Rate 5 pounds $8.00 per pound 2 hours $14 per hour 2 hours $5 per hour 8 Inputs Direct materials Direct labor Variable overhead Total standard cost per unit Standard Cost (1) (2) $40.00 28.00 10.00...
uring overhead is applied to pro Preble Company manufactures one product. Its variable manufacturing overhead is...
uring overhead is applied to pro Preble Company manufactures one product. Its variable manufacturing overhead is anal duction based on direct labor-hours and its standard cost card per unit is as follows: (1) Standard Quantity or Hours (2) Standard Price or Rate Standard Cost (1)x12 $40.00 Inputs Direct materials .................. Direct labor..................... Variable overhead................. Total standard cost per unit...... 5 pounds 2 hours 2 hours $8.00 per pound $14 per hour $5 per hour 28.00 10.00 $78.00 The planning budget...
milliliter What is the cost of 6 onions in Ayarceeville if 3 onions weigh 15 lb and the price of Ces equals 150 US dollars one pound of onions is 35 cents in the US? US x 10 tun second of bonors given son si costo 50 Bonion 1.Si 11. What is the cost to drive from Sacramento to San Francisco (90. miles) if the cost of gasoline is $3.98/gal and the automobile gets 18 mi/gal of gasoline? Preot gasoline...
11. Baker Company sells merchandise on account for $5,000 to Helix Company with credit terms of 1/10, 30. Helix Company returns $600 of merchandise that was damaged, along with a check to settle the account within the discount period. Whatentry does Baker Company make upon receipt of the check? 4,400 4.400 Accounts Receivable Cash Sales Returns and Allowances Accounts Receivable 4,356 600 44 5,000 d Sales Returns and Allowances. Sales Discounts. Accounts Receivable...... Cash .................. Sales Discounts....................... Sales Returns and...
M&J Bakery Inc. opened for
business on January 1st 20XX as planned. During the
month of January the business purchased and used 200 lbs. of flour,
200 lbs. of sugar, 67 dozen eggs, 20 baking soda boxes, 200 lbs. of
butter, 100 lbs. of raisins, 50 bottles of rum, and other
ingredients (one box of each for a total of four) all from one
supplier on account. Manufacturing overhead is applied to
production at $4per cake. Mary purchased the oven...
Basic Segmented Statement; Activity - Based cost Assignment Vega foods Inc recently purchased a small millo that it intends to operate as one of its subsidiaries. The newly acquired mill offers three products for sale - wheat, cereal, panclabe mix and flour. Each product sells for $10 per package. Materials, labour and other variable production costs are $3.00 per bag of wheat cereal, $4.20 per bag of pancake mix and $1,80 per bag of flour. Sales Commissions are 10% of...
Required information (The following information applies to the questions displayed below.) Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand-3,600 units; cost $7.70 each. 8 Purchased 18,000 units for $7.10 each. 14 Sold 14,400 units for $13.60 each. 18 Purchased 10,800 units for $6.60 each. 25 Sold 13, 400 units for $12.60 each. 28 Purchased 5,600 units for $5.80 each. 31 Inventory on hand-10, 200 units. 2. Using...
Q 1: Clancy and Eileen are farmers. Each one owns a 20-acre plot
of land. The following table shows the amount of corn and rye each
farmer can produce per year on a given acre. Each farmer chooses
whether to devote all acres to producing corn or rye or to produce
corn on some of the land and rye on the rest.CornRye(Bushels per acre)(Bushels per acre)Clancy205Eileen5010On the following graph, use the blue line (circle symbol) to
plot Clancy's production possibilities...
5. If Preble had purchased 182,000 pounds of materials at $7.40 per pound and used 160,000 pounds in production, what would be the materials price variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.) 6. If Preble had purchased 182,000 pounds of materials at $7.40 per pound and used 160,000 pounds in production, what would be the materials...
1 Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor- hours and its standard cost card per unit is as follows: 2 3 4. 5 6 7 (1) (2) Standard Standard Quantity Price or Hours or Rate 5 pounds $8.00 per pound 2 hours $14 per hour 2 hours $5 per hour 8 Inputs Direct materials Direct labor Variable overhead Total standard cost per unit Standard Cost (1) (2) $40.00 28.00 10.00...
uring overhead is applied to pro Preble Company manufactures one product. Its variable manufacturing overhead is anal duction based on direct labor-hours and its standard cost card per unit is as follows: (1) Standard Quantity or Hours (2) Standard Price or Rate Standard Cost (1)x12 $40.00 Inputs Direct materials .................. Direct labor..................... Variable overhead................. Total standard cost per unit...... 5 pounds 2 hours 2 hours $8.00 per pound $14 per hour $5 per hour 28.00 10.00 $78.00 The planning budget...
Most questions answered within 3 hours.
-
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 1 hour ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 2 hours ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 3 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 3 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 4 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 5 hours ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 6 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 7 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 7 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 8 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 10 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 10 hours ago